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Guide Index
  • Introduction
  • Project
  • Project Management
  • The PMBOK Guide
  • Program, Portfolio, and Operations
  • Project Stakeholders
  • Role and Responsibilities of the Project Manager
  • Project Management Data and Information
  • Project Environment
  • Enterprise Environmental Factors
  • Organizational Process Assets
  • Management Elements
  • Governance Framework
  • Organizational Structure Types
  • Project Management Office (PMO)
  • Project Influences
  • Development Approach and Life Cycle
  • Project Phase and Life Cycle
  • Development Approach
  • Predictive (Waterfall) Development Approach
  • Adaptive (Agile) Development Approach
  • Hybrid Development Approach
  • Project Management Processes
  • Tailoring Project Management Processes
  • Pre-Initiating: How Projects Are Initiated
  • Initiating Process Group
  • Planning Process Group
  • Executing Process Group
  • Monitoring and Controlling Process Group
  • Closing Process Group
  • Project Management Processes
  • Leadership
  • PMI Talent Triangle
  • The Powers of the Project Manager
  • Management vs Leadership
  • Leadership Styles
  • Situational Leadership
  • Servant Leadership
  • Organizational Theories
  • Delegation
  • Vision and Mission Statement
  • Interpersonal and Team Skills
  • Conflict Management
  • Diversity and Inclusion
  • Emotional Intelligence or EQ
  • Meeting Management Techniques
  • Negotiation
  • Tuckman Ladder
  • Dreyfus Model of Skill Acquisition
  • Models, Methods, and Artifacts
  • Project Management Models
  • Project Management Methods
  • Project Management Artifacts
  • PMI Code of Ethics and Professional Conduct
  • PM Mindset
PM Fundamentals

Project Management Glossary

Decision Tree Analysis

Definition of Decision Tree Analysis

A technique that employs decision trees to compare the outcomes of different scenarios in terms of their expected monetary values, in order to support decisions. It incorporates the probability and the cost or reward of each scenario to calculate the expected monetary value of the scenario.